Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Germany - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Germany (CIF) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Germany (FOB) - 2023
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Germany
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Germany
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Germany (CIF) - 2022
The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $107,619 per ton in 2022, with an increase of 39% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glycosides; rutoside (rutin) and its derivativeses increased by +103.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 46%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($142,999 per ton), while the price for Morocco ($60,456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Germany (FOB) - 2023
The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $113K per ton in November 2023, with a decrease of -17% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 63% m-o-m. As a result, the export price attained the peak level of $163K per ton. From July 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($179K per ton), while the average price for exports to Hungary ($58,594 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Germany
In 2022, after three years of growth, there was significant decline in purchases abroad of glycosides; rutoside (rutin) and its derivativeses, when their volume decreased by -37.1% to 87 tons. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 138 tons, and then reduced rapidly in the following year.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses declined to $9.3M in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 135% against the previous year. As a result, imports reached the peak of $11M, and then reduced in the following year.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 5.3 | 6.0 | 13.2% |
| China | 3.7 | 3.4 | 4.6 | 2.7 | -10.0% |
| France | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Morocco | 0.5 | 0.4 | 0.4 | 0.2 | -26.3% |
| Czech Republic | 0.3 | 0.3 | 0.1 | N/A | -42.3% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 5.0 | 4.5 | 10.6 | 9.3 | 23.0% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Germany in 2022:
- Switzerland (42.2 tons)
- China (37.6 tons)
- France (3.4 tons)
- Morocco (3.2 tons)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Germany
In 2022, approx. 63 tons of glycosides; rutoside (rutin) and its derivativeses were exported from Germany; falling by -39.8% compared with the previous year's figure. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. As a result, the exports attained the peak of 105 tons, and then shrank remarkably in the following year.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses declined markedly to $6.9M in 2022. Overall, exports, however, posted tangible growth. The growth pace was the most rapid in 2021 when exports increased by 138%. As a result, the exports reached the peak of $8.8M, and then reduced markedly in the following year.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 876 | 5.8 | 2,854 | 4,024 | 66.2% |
| Poland | 344 | 1,255 | 2,671 | 855 | 35.5% |
| Mexico | 575 | 599 | 609 | 348 | -15.4% |
| Switzerland | 13.2 | 9.3 | 411 | 302 | 183.9% |
| Serbia | 0.2 | 1.2 | 0.6 | 300 | 1044.7% |
| France | 425 | 782 | 407 | 293 | -11.7% |
| Italy | 85.1 | 108 | 212 | 129 | 14.9% |
| Ukraine | 2,332 | 205 | 96.5 | 79.5 | -67.6% |
| Hungary | 9.5 | 20.7 | 17.6 | 69.7 | 94.3% |
| United States | 84.6 | 110 | 181 | 63.9 | -8.9% |
| Romania | 70.7 | 41.1 | 41.2 | 60.2 | -5.2% |
| Czech Republic | 311 | 3.8 | 3.3 | 6.1 | -73.0% |
| China | 5.6 | 2.3 | 818 | 0.4 | -58.5% |
| Others | 845 | 531 | 439 | 359 | -24.8% |
| Total | 5,976 | 3,675 | 8,761 | 6,889 | 4.9% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Germany in 2022:
- India (33.0 tons)
- Poland (9.6 tons)
- France (4.2 tons)
- Serbia (2.6 tons)
- Switzerland (2.5 tons)
- Mexico (2.2 tons)
- Italy (1.6 tons)
- Romania (1.1 tons)
- Hungary (1.1 tons)
- Ukraine (1.0 tons)
- United States (0.8 tons)
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